Tex. Bus. Orgs. Code § 3.205 · Subchapter E. CERTIFICATES REPRESENTING OWNERSHIP INTEREST
NOTICE FOR UNCERTIFICATED OWNERSHIP INTEREST.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Subsection (c) and in accordance with Chapter 8, Business & Commerce Code, after an issuance or transfer of an uncertificated ownership interest in a domestic entity, the owner of the ownership interest shall be notified in writing or by electronic transmission of any information required under this subchapter to be stated on a certificate representing the ownership interest.
(b) Except as otherwise expressly provided by law, the rights and obligations of the owner of an uncertificated ownership interest are the same as the rights and obligations of the owner of a certificated ownership interest of the same class and series.
(c) The owner of an uncertificated ownership interest in a domestic entity is not required to be notified under Subsection (a) if:
(1) the required information is included in the governing documents of the entity; and
(2) the owner of the uncertificated ownership interest is provided with a copy of the governing documents.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 658 (S.B. 1859), Sec. 3, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.3.htm
- Text hash
- sha256 340e77206e56f4f4c3fd0003cd6b8006c709f64567c4f08baa06a39a12030632
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Business & Commerce Code
Cited by 7 provisions
Provisions in this library whose text cites Tex. Bus. Orgs. Code § 3.205. Each shows the citation as that text prints it.
Business Organizations Code
- Tex. Bus. Orgs. Code § 3.201CERTIFICATED OR UNCERTIFICATED OWNERSHIP INTEREST; APPLICABILITY.Printed as Sections 3.202-3.205
- Tex. Bus. Orgs. Code § 21.103DISCLOSURE OF AGREEMENT; RECALL OF CERTAIN CERTIFICATES.Printed as Section 3.205
- Tex. Bus. Orgs. Code § 21.213ENFORCEABILITY OF RESTRICTION ON TRANSFER OF CERTAIN SECURITIES.Printed as Section 3.205
- Tex. Bus. Orgs. Code § 21.370ENFORCEABILITY OF PROXY.Printed as Section 3.205
- Tex. Bus. Orgs. Code § 21.955STOCK CERTIFICATES; NOTICES REGARDING UNCERTIFICATED STOCK.Printed as Section 3.205
- Tex. Bus. Orgs. Code § 200.157ENFORCEABILITY OF RESTRICTION ON TRANSFER OF CERTAIN SECURITIES.Printed as Section 3.205
- Tex. Bus. Orgs. Code § 200.267ENFORCEABILITY OF PROXY.Printed as Section 3.205
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